P. 7-6 Mr. Parks has asked you to advise him on the long-term debt-paying abilit

P. 7-6 Mr. Parks has asked you to advise him on the long-term debt-paying ability of Arodex Company. He provides you with the following ratios: 2011 2010 2009 Times interest earned 8.2 6.0 5.5 Debt ratio 40% 39% 40% Debt to tangible net worth 80% 81% 81% Required a. Give the implications and the limitations […]

P Company Acquired the assets and assumed the liabilities of S Company on Januar

P Company Acquired the assets and assumed the liabilities of S Company on January 1, 2014, for $510,000 when S Company’s balance sheet was as follows: Cash $ 96,000 Account Payable $ 44,400 Receivables 55,200 Bonds Payable, 10% Inventory 110,400 Due 12/31/2019 480,000 Land 169,200 Common Stock, $2 par v. 120.000 Plant and Equipments (net) […]

Outdoor Company manufactures camping tents from a lightweight synthetic fabric.

Outdoor Company manufactures camping tents from a lightweight synthetic fabric. Each tent has a standard materials cost of $21, consisting of 4yards of fabric at $5.25 per yard. The standards call for 2 hours of assembly at $10 per hour. The following data were recorded for October, the first month of operations: Fabric purchased 9,000x$5.00 […]

On December 31, 2006 Jeltz Corporation sold some of its product to Beaty Company

On December 31, 2006 Jeltz Corporation sold some of its product to Beaty Company, accepting a 3%, four-year promissory note having a maturity value of $900,000 (interest payable annually on December 31). Jeltz Corporation pays 6% for its borrowed funds. Beaty Company, however, pays 8% for its borrowed funds. The product sold is carried on […]

On the Profit and Loss Report Combine all of the Cost of Goods information under

On the Profit and Loss Report Combine all of the Cost of Goods information under the title ‘Cost of Goods Sold’ and delete the detail Create a Pie Chart from the Expenses Section Include the titles for the different expenses in the Legend Insert the title ‘Expenses’ Save the Pie Chart as part of the […]

On June 12, a hurricane destroyed the warehouse of Aquatic Supplies. Using the g

On June 12, a hurricane destroyed the warehouse of Aquatic Supplies. Using the gross profit method, determine the ending inventory loss based on the data given. Inventory January 1) 2,365,000 Cash sales Jan 1- Jun 12) 1,320,000 Collection of A/R Jan 1- Jun) 12 632,000 A/R Jan 1) 824,000 A/R Jun 12) 902,000 Payments on […]

Please present a summary of 10-12 slides using PowerPoint presentation. Please m

Please present a summary of 10-12 slides using PowerPoint presentation. Please make sure that you don’t plagiarize other wise I am not gonna accept the answer. In your presentation, please include the following: What is the integrated budgeting program? And how management can gain benefits from it? What are the most important skills for managers […]

please discuss some of the tax benefits of investing in real estate. Define capi

please discuss some of the tax benefits of investing in real estate. Define capital asset. how are assets classified to determine tax treatment on disposition? Define 1031 why was 1031 enacted? What happens if one party wants a like-kind exchange, but the other party wants to pay cash? How do we save the tax benefit […]

Please craft an argument about the relationship between The 2008 US Financial Cr

Please craft an argument about the relationship between The 2008 US Financial Crisis: The “revolving door” between investment banks and government and these theorists – Theorist 1: Charles Kindleberger: History of Financial Crisis (2011), Theorist 2: Greta Krippner: US Financialization and the State, Theorist 3: Christian Marazzi: Crisis of Financial Capitalism and Theorist 4: Naomi […]

Please answer the following multiple choice questions. Give me the question numb

Please answer the following multiple choice questions. Give me the question number and the answers -no explanation. Thanks. 1. Which of the following are accounted for under IAS The cows of a cattle farmer   The gold mineral reserves of a mining company   WIP of a long-term construction contract   Maturing wine in the […]